>> the partners used to be shorting that, but now says expanding abroad is going to be seen from netflix. david: the bells are ringing on wall street. let's look at how the indexes shape up. the nasdaq in the red, but that doesn't not tell the whole story because we have triple digits here until ben bernanke spoke. he put a damper on the market, didn't say he'd quit the qe3 #. that's going ahead full bore, but the fact he was not speaking optimistically about the economy and the effects of qe3 on the economy sent a damper on the stocks. a nice way to begin the day with 75 up on the dow, 3.6 on the s&p, and, again, nasdaq is the only one in the red. lauren: sometimes the fed tie doesn't list everything. silver ending at seven month highs. look at that. david: oil, a little of a rise,

natural gas, though, we want to focus on natural gas because we have seen that thing grow for the past month or so. it was up 5% today. if you're looking for some play in energy, oil seems a little too hectic for you, go to natural gas. with ce get -- can we get that up there? okay. switch to airlines. lauren: they are seeing a pop today. as you see, there was a report out earlier saying the outlook for the airline industry is improving. that's a good sign. look at that. up arrows across the board. david: ibm, you knew it was a pick when warren buffet went in there. today, look at this, an all time 10-year high at the top there trading at $210.43 per share. that was a 1.5% jump today. a nice big move by ibm. fed chairman ben bernanke says he does not see a recession coming. well, he's not alone. the economic data led other leading economists to say we are

already in a recession. coming up, we'll ask famedded harvard university economists martin feldstein if we're in a recession. are we at risk in falling into one? we'll ask the great professor coming up. lauren: a good question. adt making the stock market debut today, but traders were not showing it love. a fix business interview, the ceo makes his case to investors. david: stay tuned, what drove the markets. major index sighs well off session highs following the federal reserve chairman ben bernanke's remarks. the dow and the s&p close in the green while the nasdaq landed in the re. consumer staples and health care were the best performing sectors. technology and telecom lagged. u.s. manufacturing activity rose for the first time in four months in september. it rose to 51.5 from 46.6 in

august. readings indicate a bit of expanding economic activity. construction spending fell in august for the second month in a row posting its biggest decrease in more than a year. construction spending dropped 0.6% in august. lauren: we are live in indianapolis with a look at ben bernanke's market moving speech today. scott bower in the pits of the cme and john manly says why it's time to buy into some european markets, huh, i don't know. we got to get to that. rich edson, mr. ben bernanke had a strong message to congress, to the markets, but -- go ahead -- there was a message for main street. tell us about that. >> yeah, he did. a number number of different wae put it, a big defense for qe3 and the monetary policy has been pursuing this in response to the fox business network. the u.s. is not in a recession

now. he's worried about stagnation, not monetizing the debt. he says they'll sell asset off, and they expect to keep policy like this, monetary policy like this even after a considerable improvement in the markets. he also talked about savers. you have money in savingsing thes, getting little, really, in return. >> the best and most comprehensive solution it -- is to find ways to get a stronger economy. only a strong economy can create higher asset values at sustainably good returns for savers. without a job, people won't be able to buy a home or pay for an education ire irrespective of te current level of interest rates. >> saying the federal reserve is watching inflation, has the tools to combat it. he says it's not an issue right now. he also discussed milton friedman saying ben bernanke is a fan of mil torks saying

freedman would have supported the feds aggressiveness and targeting of liquidity. he said back in 2009, the reason he believes that is because freedman says japan should by securities back in 2000. ben bernanke, a fan, and says he would be supportive of the current fed today. david: i was a friend of milton, and ben bernanke is no milton, i can tell you that. thank you so much.3 better economic news pushed the markets up, but does the rally really have legs? lauren: joining us a john manly, wells fargo chief equity strategist, and in the pits of the cme, scott bower senior market strategist. hey, guys. >> hello. >> how are you? lauren: why didn't we hold the highs of the session? what's this manufacturing report? okay, we're not shrinking, but is it really a good report, reason to cheer? >> better than not. you know, it was up, not down. it was 511, --

51, not 49. better than it was. it was a microcosm of what they face. the fed is willing to do anything that has to be done, thaw that implies something has to be done. david: john, you said the market remind you of the 1980s. we had real growth then, not now. in what ways does it remind you of the 1980s, john? >> very early, 80 #,81, when the market was dealing with issues. they forced will on the policymakers, and i think that's happening over. that's why it's like that. we get the growth after it's done. lauren: can we ignore what's happening global? manufacturing in china, the u.k., and france. it's like the same as greece right now. can we ignore that? >> look, like we said, start in china. a couple weeks ago, we spoke about it here. we saw the chinese market drop 5% a week. it was not a blip on the radar screen here. last night, we see this news

come out. they are, you know, manufacturing number is not great, but better than expected. that was positive news coming in here. i think what you are seeing in europe, and in france and, you know, we're going to see the same thing. they are not good numbers, but we know that there's just this almost endless support that we're seeing here. we shrug off the not so good numbers, rally on the good numbers, and that's the monetarn the market right now. the traders, the public sees there's going to be support. this qe3, endless qe3, plops off the market. the focus now is on anything that's good propels this market. now, also with the news -- daifd daiftd -- david: scott, let me stop you. the market paired gains around the time ben bernanke -- i don't think it was a coincidence. we watched the activity while he was speaking. it went down in relation to what

he was saying. what was said that damperred the market? >> he tempered the game with the dow up 120. he tempered it by saying, you know what, folks? things are not so great. things may be in the real near term, not getting that much better, but at the end of the day, we're still there. we're going to support this thing. it's going to keep going on. of course, we gave some back, but out of the gate this morning when the ism number came out, not a great number, better than expected, shows it, like you said earlier, some expansion, not a tremendous number, but people ran with it. lauren: bringing in john, but ben bernanke says he's not pulling out of supporting the market prematurely. how long is the fed boosting of the economy going to continue? >> how long does it have to continue? what dr. ben bernanke said is that if he makes any mistake in the next two or three years, it would be that he kept rates too

low for too long. he doesn't want to make the other mistake. the market can take comfort from that. lauren: does the market suffer? >> when i'm older. david: you must be concerned about low growth, anemic growth that gets slower and slower with every qe. it has less of a punch than it did with the previous qe. doesn't that concern you? eventually, corporations don't have any revenue. >> they seem to be delivering profits that are not that bad. i think -- david: hold on a second because a will the of that has to do with the bottom line, and a lot of that has to do with cutting costs. they are laying off workers, it's not because of increased revenue, and that's because the economy is slowing. the gdp is going down. >> it doesn't always have to be because of increased revenue. cost cutting means something. there's more money around for everybody at that point in time.

this is the way you get there. lauren: john, reading notes on this segment today, and you're actually bullish on europe right now. tell us where in europe and why. >> well, actually, we are just edging back into the foreign markets. we have been recommending you be out of them for the last year or so. using consumer staples as a substitute here in the u.s. and multinationals. europe and asia are down so much versus the u.s. in the last 12 months. gradually, that stimulus in china works in, and all the discipline on the europeans works for them. it's sooner rather than later. there's no magic bell that gets it wrong here at the end of the day. on wall street, just move towards it. that's what we suggest. david: scott, little commodity hint, the slip of silver, just spectacular. gold indicates a buy on gold, why? >> i do. look at the gold and silver ratio over the last nine to twelve months, it's a critical

support level, around 50 meaning gold trades 50 mimes for expensive than silver. it's a support level. it's been 50-59 over the last year. that's a signal to me right now, if i were to get into that space, that i would probably be a buyer of gold, but versus shorting silver, not just buying gold because it's up on its own, but versus silver. that ratio has not been this low since a year and a half ago when it was down to historic lows in the mid-30s. since then, it settled in, back at the 50-59 level, trading down at the bottom 50 number right now. that's a real interesting space to look at over the next coming months. david: thank you very much, john. scott, checking in with you a few minutes how the s&p closed. nice to see you both. tug-of-war is stronger on wall street whether or not a recession is looming. ben bernanke and david is getting in the debate. we'll have the professor which

side he falls on. lauren: and -- that's me ringing the alarm, david. adt hitting the tape today ending the session in the green. the ceo joins us in a first on box business interview. david: honda recalling hundreds of thousands of cars. is your vehicle on the list? we have the details. stay tuned. ♪ [ male announcer ] what if you had thermal night-vision goggles,

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lauren: s&p futures closing now. let's go back to scott at the cme group. scott, how are we looking into tomorrow? >> well, you know what? we saw a flurry of buying activity over the last couple minutes or so, so, you know, i think either people that had paired their positions down from earlier in the day were either covering or maybe even getting a little bit long going into overnight and tomorrow, but the last couple minutes, a lot of

buying there. lauren: scott, quickly, it's past 17 mondays, the dow has been higher, and gist two of them, and then today. not bad. >> yeah, not at all. keep the streak going. david: we'll see 23 gold pops like you said. thanks, scott. sharings of manufacturerring soaring today. nicole? >> all right, dave. i wanted to show you 3m because they are basically saying thank you, 3m because it's 3m, the dow component, up 1% today that agreed to buy them for $860 million. now, the offer of $35 a share actually represents a 43% premium. look at how they did today. right hitting the nail on the head, 43% to the upside. this is a deal in the industry and it's about the technicalities of ceramics. that's why you see the deal underway. certainly, you did see them pop

big on this news today. david: thanks, nicole. appreciate it. lauren: i'm stretching, david. david: look who is doing the speed read. lauren: five stories, one minute. microsoft launching the news operation as part of the new msn website later this month. it will be available for users with windows 8 and internet explorer 10 #. honda recalling 600,000 mid size cars in the u.s. to faulty hoses affecting hondas from 2003-2007, model years with v6 engines. macy's adding 80,000 seasonal workers this holiday season hired for the the macy's and bloomingdale centers and call cementers nationwide. sachs opened in kazakhstan in a new complex in the city's largest city. women make up 8 # 0% of mobile

game players. women are more likely than men to play mobile gains involving social engagements like words with friends, draw something, and, yes, that's the speed read with three seconds to spare. i don't may mobile games whatsoever. david: stepping up to it. ben bernanke says a recession is not on the way, but the recent economic data may suggest otherwise. one of the smart education mind on the planet. martin feldstein joining us with his take coming up. lauren: adt making the public debut today. the ceo joining us to make the case where they are more than a burglar alarm company. are the takeover rumors true? if you have a grandmother or mom, you want to hear from the ceo in the story coming up. ♪

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lauren: adt making the public debut after a rocky start. the stock rallied intos close ending the session to the upside. that happened in the final 15 minutes, daifdz. david: how can they prove to investors they are more than an alarm company? joining us now in a fox exclusive. congratulations. you used to be known as the crown jewel. why not stay there if you were the crown jewel of the company? >> well, ed would be in a better position than i am to answer that. i'll give you my perspective from the adt side. our business model is different. we're in a traditional

subscriber based business where we make investments up front to bring on a new account, and we get the return over time with great recurring revenues and hold on to customers as long as we can. it's a different business model. as part of a conglomerate, it was difficult to evaluate us. lauren: you depend on the housing sector and recovery there, and while you dominate the market, and it's a small one, one in five households have a system; right? >> larch, that's the real -- lauren, that's the real opportunity for us when you think about it. it's been down five or six years, yet we managed to grow the business through the economic downturn. we grew in the 2% or 3% range. i think that even with a modest recovery, we can accelerate our growth and the challenge and the opportunity is how do we take that penetration rate up to households well above 20%? when you compare us to any in-service, any home service,

we're significantly below. i believe there's a tremendous opportunity as long as we can continue to strengthen the value pop cigs, not just security, but with the adt pulse offering for homes. david: as the housing market's new homes get a little kick in the sluggish economy, will you work with the home builders rather than necessarily the homeowners? >> we'll be working with both. we've had great partnerships with the billers in the past, companies and continuing to invest to build out partnerships. we want to participate with new home, and we also want to participate with existing homes. the value proposition is strong on both sides. lauren: there's a new market to tap into. it's not just security, but literally through a live video feed, you can tell what your aging grandmother is doing, and if she's okay based on information that you're getting into your phone through your system and your software; is

that correct? >> absolutely. i mean, you get to look in on the house, realtime, or you can set it up to integrate with your security system to have event driven recordings sent to the cell phone or pda or ipad, any web enabled device. that keeps you close to home when you can't be home. david: what about in the health personal categories, personal security? if you are sick, you push the button, and the hospital is on-call. are you working with the government in any way, with medicare or medicaid in the projects? >> you know, today, we're not. we offer a solution, the adt companion service. we have the pendants and bracelets. for an emergency, push the button, goes to the monitor center, and we pass that information to the care givers. looking at the new pulse offering, there's an opportunity to really make those solutions so much more robust. in the end, we have to partner with the insurance companies like medicare and medicaid from

a reimbursement perspective. that's an opportunity to really open up the market. lauren: sounds expensive, huh? how much? >> actually, very affordable. our strategy is to make strategies available to the mass markets. looking at the highest end pulse offering with the home automation, energy mechanic and everything, you know, you are talking in the area of $60 a month from a monthly recurring perspective, and very affordable from an upfront installation perspective. we sub sigh size installation, and with the value prop tigs, we'll keep customers for a very long time. daifd daiched a -- david: a lot of room for growth. thanks for coming on fox business, we appreciate it. >> thank you very much. david: our pleasure. are we in a recession? ben bernanke says no, but other economists disagree. what does the man who used to define recessions in america, for americans think? what does he think we can do to

turn things around? professor feldstein is next. lauren: regulation nation. one ceo says your energy bill could rise and hundreds of jobs lost if the government's coal regulations go into effect. the ceo of alpha natural resources makes his case. that's coming up. ♪ ally bank.

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>> right now we see an economy which is expanding. we see employment, which is one of the key indicators, still growing. so the we expect the economy to continue grow. that is our best forecast as of now. is so we're not expecting a recession, federal reserve chairman ben bernanke today suggesting that we're not now in a recession nor are we likely to be dragged into one but others disagree. economist david malpass, for

example, wrote this weekend in the "wall street journal" that signs do report to a recession. john hussman of the hussman fund it is prediction, quote, that the u.s. economy already entered into a recession. what does martin feldstein think? martin feldstein former chair white house economics advisors and chairman at harvard university. he is advising the romney campaign. professor, good to see you, are we in a recession? >> no, we're not in a recession. we're not doing well. the eeonomy is doing very badly. but i was in europe last week and said that to some of my european friends who say, by comparison, with conditions in europe you guys are okay. david: but look at this. 1.3%. we keep going down. >> right. >> it was in 2009, it was higher than it was in 2010 and than it is now. we're going in the wrong direction. >> first quarter of the year was 2%.

it dropped to 1.3. last time i was on this program i said we would be lucky, very lucky to get to 2% this year. we're not going to get to 2%. david: marti feldstein says no way we'll get 2% growth. >> we'll have very slow growth. we have the terrible unemployment. 8.1% unemployment rate. if the labor force participation rate hadn't fallen --. david: if people hadn't pulled themselves out of the job market. >> we would be back where were a year ago at 9.1. david: why is the economy doing so poorly? >> i think there are a lot of reasons. i think the cloud of tax increases that hangs over businesses stopping them from doing investing. i think in the housing area, although we're seeing some pickup in house prices people are having a hard time getting mortgages. interest rates are certainly very low. that's why what the fed is up to is doing no real good. but, those interest rates

may attract people to want to are bo he are but if they don't have very good fica scores they're not getting access to funds. david: okay. we chart the market very closely here on "after the bell". we went back to the month that the recession started, december 2007. we found out something very interesting. the s&p and the dow jones industrial average were almost precisely at the same number as it is now. i know you said we're not in a recession. but it is kind of spooky, is it not, that we saw the same numbers as they were going into, as we were going into recession back then? >> but of course in real terms, adjusting for the price level, that s&p is lower today than it was then. david: what can we do to get out of the slump that we're in now? romney has been criticized, you work with the romney group of economists as not having enough specific plans to deal with it the economy. is that a fair charge, if not, what is he suggesting we do?

>> i think what he is suggesting in the form of tax cuts, corporate tax changes, i think those are things that will have a, could have a powerful, positive effect on the economy but they have not connected them. so to a lot of voters if looks like tax cuts are a way of increasing the after tax income of middle and high income individuals but what has it got to do about jobs? it has a lot to do about jobs but i think the romney campaign has not delivered that message. david: you're a the past the romney campaign so -- >> i'm not part of the message deliverers. david: when you suggest that you guys are not pushing this hard enough in the right way, saying that you are for lowering tax rates 20% across the board and you have to deliver that message harder what do they say? >> well i shouldn't talk about my conversations with people in the campaign but i think --. david: you can with us. just you and me here. >> but i think it rice little is important for them

to, in these last weeks to get across the notion that reducing tax rates and improving corporate tax competitiveness, that, those are things that can help the economy. i don't see anything in the obama campaign that will help the economy. he has a debate, they have a debate on concerns wednesday. do you think that he should begin the debate by focusing on his tax plan? >> wiser political people than i will have to make that call but i would certainly think it would be an opportunity to explain to the public that cutting taxes is a way of encouraging people to invest, to expand, hire and that's really what the economy needs. david: finally, the federal reserve board, you have been critical of the federal reserve board and its actions. some people say ben bernanke says, while there is no inflation there is not

necessarily an economic cost to doing all of the bond buying they have been doing, the money printing they have been doing. is there a cost and if so, what is it? >> i think there is a longer term risk. i think right now it is doing very little good. lowering interest rates at a time when mortgage rates are at rock bottom, when corporations are awash in fund, doesn't do any good. i think the problem is going to be that a few years from now, when the economy starts to pick up, they will have added something like $4 trillion to the liquidity of the commercial banks and it is going to be hard, except by raising interest rates very substantially, to stop that from becoming inflationary. david: we have to do this quick but is ben bernanke in pushing qe3, is he enabling irresponsible politicians to borrow money they don't have? >> it is certainly keeping interest rates on u.s. treasurys very low and that

is allowing them to avoid the market signal that they are spending money they don't have. david: professor martin feldstein from harvard. good to see you, professor. thanks for being here. appreciate it. lauren, back to you. lauren: regulation nation, david. the ceo of alpha natural resources says coal regulation could force plant closures, job losses and increase your electricity bill. he will make his case next. look out groupon and living social there is new player in town. with consumer appetite for daily deals getting slower, i am a great shopper. there is no better shopper than me. david said so. ♪

>> i'm robert gray with your fox business brief. it was a mixed bag for stocks at the closing bell following comments from fed head ben bernanke. bernanke defended the central bank's latest bond buying stimulus plan saying strong action is necessary to reignite economic recovery and spur job creation. the dow and s&p closing higher today. the nasdaq, slightly lower. aluminum giant alcoa says it is taking a $85 million environmental charge for the third quarter. it is related to a cleanup near a river near one of its new york state smelters. alcoa is slated to report quarterly results next week. workday may raise as much as half a billion dollars in its initial public offering. the cloud based human resources company plans to tell 22.8 million shares. they may fetch as much as 24 bucks each. that's the latest from fox business, giving you the power to prosper. start of the day. on the company phone list that's a few names longer.

you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank.

lauren: the coal industry going through tough times as many utility companies change plant production from coal to natural gas. the declining cost of gas is not the only reason the coal industry is getting hit hard. here with us to talk about all this, ceo of alpha natural resources kevin crutchfield he says, you say, sir, excessive government regulations are a huge burden on the coal industry, right? >> absolutely, they are. what we've just in the last couple years are 200 coal units announced to be closed. that is 10% of united states capacity. alpha natural resources we serve one quarter of those. if our customers go away unfortunately means job loss for us. david: now the president has said he favors, quote, all of the above strategy which would assume coal included but, did he forget about coal? >> i think the president's version of all the above strategy seems to be more like a bumper sticker to us

because it is not all the above. their administration with regard to the epa is promulgating regulation that is really constraining the use of coal to make electricity. david: do you think he wants to kill coal power in america? >> look, after four years, sure seems that way to us. you know the consumption rate is down significantly from where it's been. 10% of the nation's coal fleet has already been announced to be retired and another 10% is in peril. seems like that is the case to us. lauren: let's look at the weather. face it, it is getting colder. we'll have a really cold winter. 4% of the nation uses coal for heat and electricity, right. >> absolutely. lauren: what does it mean for electricity bills, heating bills this winter? >> that is the travesty in this policy with passage of time with coal plants retiring they will get replaced by something and most likely going to be natural gas. we're big natural gas fans but as natural gas prices

harmonize across the globe, natural gas prices are going to go back up and so are electricity prices. they will hit people who can afford it the least. lauren: yeah. david: we've had some interesting coalitions for and against coal. how about coal miners? coal miners are usually in lockstep with a democratic president but in this case are they more on your side? >> i think with respect to organized labor i don't think they have made an endorsement this year which is unusual. i think coal miners that work in alpha are very observant. they're great folks. they're watching what's going on and i think it is pretty clear where they're going to many could down on this one. lauren: how clear are these regulations that you're facing? then how expensive are they? hundreds of billions of dollars a year, tens of billions of dollars if what the cost for all of this? >> i can cite one, the most recent one. mercury and air toxic standard. even by the epa's own admissions most expensive

they have ever promulgated. $100 billion just to cost to implement. not in terms of job loss and in terms of higher electricity prices in the future. for us the loss of jobs of really good men and women which is difficult thing. >> is there direct connection between these regulations and the jobs that are being lost? >> absolutely. unequivocally. look, there have been times in the past when natural gas prices are cheaper than they are now and coal was at 50% of the nation's electricity grid. and today we're losing market share very rapidly. so you have to ask yourself what's the difference between now and decade ago? it's the regulation. it is uncertain regulatory environment where utilities can't plan right now. lauren: you could stay competitive right now, kind of, based on price of nat-gas, you said, right. lauren: $4? >> it come up a little bit. >> it is close. we announced a strategic repositioning plan to try to get ourselves situated in what looks like much smaller

united states market but stay connected to the international growing markets. david: kevin crutchfield, alpha natural resource as coal company. appreciate it. watch out groupon. there is a new player in the daily deal site place. they say they have a competitive edge that makes them stand out in a very crowded field. they will tell us what that competitive edge is coming next. en we got married. i had three kids. and she became the fl time mother of three. it was soccer, and ballet, and cheerleading, and baseball. those years were crazy. so, as we go into this next phase, you know, a big part of it for us is that there isn't anything on the schedule.

lauren: let's go shopping. the daily deals market has a new player who says they have got the upper hand because the power of radio is behind them, david. david: with already crowded market in consumer interest appearing to fade do they have enough of an edge? we have the ceo of cumulus, owner of daily deal site, sweet jack. the focus has to come on groupon. they have had checkered past. some areas successful. other areas are not as successful as they should be. how are you guys different

than what groupon does? >> groupon did a great job of pioneering the space and they are still growing. you have to separate the stock from the business itself. we're different in the sense we're both in daily deals business as well as living social, and those two take 75% of a $3 billion market. we're just getting our launched by the end of the year. for openers we'll be in more than cities than either one of those. we'll be in 200 cities with partnership with clear channel. radio is key component of this. the way they have e-mailing list and they mail the deals out to those people. in addition we feature the deals with up 250 million americans across the country every day. in addition to the list your deals exposed on the radio so you're able to broaden your reach dramatically. lauren: that makes sense. you hate getting that

groupon question. go to living social. david, you had the ceo on last week. i saw that he is talking about going beyond local to the hyperlocal market. how do you compete there? >> hyperlocal they're just referring to geotargetting. today the technology evolved so much since either one of those businesses were launched. we were fortunate to build our platform on the latest technology. so everything is going to be, everything is going to be geotargeted and down to the individual cell towers to be able to tell where somebody is by mobile. so much has been discussed in terms of mobile advertising and how it works but this is really, call it mobile commerce. that is, so when somebody is listen to the radio and hear a sweet jack ad and check in and see exactly what is closest to them and where they can actually go find a deal. that's where using mobile and as well as radio can be a very powerful combination together. david: lewis, you have a very ambitious goal. $100 million in revenue by 2014 is your goal. when you're approaching investors for this project

and you tell them, do they scoff at 100 million in a year and a half? >> well, in reality that's a, that's not a big percentage of the revenue. they say it is north of 3 billion today for the market. you're only talking about 3% of the market in our second full year out. that is fully distributed in a platform of 200 cities. we believe that is attainable. it is certainly nice addition to the billion two we're doing at cumulus today. lauren: any plans to go beyond the private, lewis. do a stock market splash too or spin-and-a-half or something? >> we have it organized as a sub. there is always flexibility to be able to do other things with this particular, with this particular venture. i think radio is such an ideal partner for this type of digital business. i think that all models are evolving. what you're seeing in the broadcast business is the ability to take this tremendous reach because radio reaches literally 93 out of 100 americans.

it is a technology that is mobile and it is local. it's out of home. it is electronic and it is digital. those are all the things that people are looking for today. we have that reach. if we can partner that with a goodalely deals business which really becomes a local commerce business because it is listings and other aspects for the local businesses, we think we can be a true partner in local commerce using our broadcast assets. lauren: that is new take, radio. i like it. thank you, lewis dickey, cumulus. thanks for coming on. david: amazing how one of the original electronic media, as still as modern in terms of advertising as it used to be, maybe even more so. lauren: going back to the markets, economic data giving a boost today to wall street. what is ahead tomorrow? it is tomorrow's trades today. david: also, robot artists. we'll tell you what hotel is installing robots to paint sleeping guests. lauren: yeah, that's weird. ♪

>> let's go oh the desk. ever get the feeling some one is watching you while you're asleep? one hotel you may be getting painted by robots. this is creepy. the hotel installing beds that will be equipped with

motion and sound detecting censors that will transmit date to at that paintbrush yielding robot that will turn your tossing and turning into a work of art, david. david: that is a little weird too. ready, aim, bit. two guns once in poe social -- possession of bonnie & clyde sold for half a million bucks. bonnie's drew highest bid, 252,000 and clyde's colt, 45, 204,000. they were found with their bodies when they were killed. >> kind of creepy. auto sales gained 3.1% in august following a 2% dip in july. they're expected to rise with year-over-year gains of 9%. mid-sized sedans are expected to lead the gains. >> we kind of think the number one thing to watch tomorrow will be financials. we saw that pop with goldman sachs today. that was partly in line with what an analyst was sa